Posted on Wed, Apr 23, 2008
A real estate agent in Del Mar, CA, has offered a novel solution to home buyers looking for alternative financing. “Many people have a great asset in their
life insurance policiesand don’t even realize it,” agent Robert Hamzey said. “In many cases, a policy holder can sell a life insurance policy and get the cash they need for a big down payment.”
These transactions are called life settlements. Older adults are able to sell their life insurance policies for significant financial compensation. “With the mortgage industry so tight, many people are not able to get the financing they need to take advantage of the great home deals that are now available,” notes Hamzey. “Life settlements can help make hefty mortgages affordable and get people into the home of their dreams.”
Consumers can also gift life insurance policies to family members and loved ones. This little-known ability allows policy holders to offer financial support to a designated individual or individuals. This gift can go a long way in helping family members afford new homes or simply stay in a home with a burdensome monthly mortgage.
“Times are getting tough for a lot of people,” says Hamzey. “A life settlement can help not only with affording a new home, but also affording the old bills.”
To get a
Term Life Insurance Quote or Research how to
Buy Life Insurance Online visit
Efinancial.com
Posted on Thu, Apr 10, 2008
It seems that health insurance truly is a matter of life or death. A new study has revealed that not having health insurance puts people at a much higher risk of death and other medical problems throughout their life.
The non-profit group Families USA put out the study, stating that people who do not have health insurance are putting their own health in danger.
The study found that people who do not have health insurance are 25% more likely to die prematurely compared to people with private health insurance.
They also found that in 2006 alone, 22,000 people between the ages of 25 and 64 died due to a lack of health insurance. If they were able to have health insurance they could have potentially received better care and lived.
Patients who lack health insurance are far less likely to go for normal check-ups as well as take other preventive measures, such as receiving vaccines.
To get a
Term Life Insurance Quote or Research how to
Buy Life Insurance Online visit
Efinancial.com